Open the Oil Fields (7/17/08)
Today, our country faces perhaps the greatest threat in its history -- the rising price of oil and its effect on our entire economy. Oil prices are up because we've allowed ourselves to be so dependent upon foreign supplies.
But I have news for you, and it comes from many, many oil experts.
Our western states sit on a sea of oil three times as large as the oil reserves in Saudi Arabia. On the northernmost edge of Alaska in the ANWR Coastal Plains, we may have as much as 16 billion barrels of recoverable oil -- a 50 year supply. But in both areas, Congress has been blocking any drilling for that oil.
Conservationists say if we drill for oil in Alaska we'll hurt the wildlife. That simply isn't true. Existing petroleum development at Prudhoe Bay hasn't negatively affected wildlife. Alaska's oil fields are simply the cleanest in the world, bar none.
Certainly, our ultimate goal must be to find and develop alternative forms of fuel so we no longer need oil at all, but that's going to take decades. In the meantime, with gas prices at more than $4 a gallon and climbing, we can no longer afford these unrealistic prohibitions, and it's time Congress kicked them to the curb...and fast.
I'm Bill Lamb, and that's my...Point of View.